my girlfriend and I ate there while on vacation in lagoa.
the prices seemed a little high in comparison to other places but when our food came we knew that for this quality and good service the prices were not too high. we could choose our fish from the display of fish of the day and the starters were really good too!
all in all we paid under 50 euros for two generous fish mains, starter of octopus salad as well as the typical bread and fresh cheese of the azores, bottle of wine, mineral water and coffee.
not only the food was excellent but also the service was genuinely friendly and fast.
the restaurant is easy to find on the main street going from the pool up into the church square.
the decoration is nothing fancy just the usual fish restaurant nets and such but don't let this fool you, when you have your fish ont he table you will forget the surroundings :)
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